Three physics professors formed a business to improve the speed
of internet transfer. They should form a partnership because they
are contributing equal cash, and knowledge to the venture.

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Step 2 of 5

Ed Toth opened a bait shop is a form of proprietorship because
he is the only owner who is controlling the business.

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Step 3 of 5

Joan Stuebben and Ron klinke should form a corporation because
they want to collaborate their business, and they also need
significant funds to expand their operations.

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Step 4 of 5

Crystal, Allie, and Harry should form a partnership because they
have shared control, and they can utilize their skills and resource
in a better way.

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Step 5 of 5

As Mark Wills wants to maintain control over the business so he
should form a sole proprietorship but as he don’t have sufficient
fund then he need to make a corporation so that he can raise funds
easily through the investors, and get control by owning more than
50% of ownership.